Major Game Changer, page-7

"It’s not about controlling the company but rather about holding a significant amount of shares— around 32%."

What a load, they'll hold all the board positions that matter, how is that not controlling the company. They even refer to AEV being a subsidiary of Hebang.

The loan terms will be very interesting. Loans will have to be multiples of the current mcap to develop the project. If the loans (or interest) are convertible to shares then current shareholders will just get diluted.